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CRD-A

CRAWFORD & CO

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1463
SEC CIK
0000025475
Parsed reports
508

Last 12 months

Inside the activity.

0 purchase rows · 18 sale rows

Disclosed non-derivative P/S rows, by transaction month. Includes amendments and private transactions.
Monthly counts
MonthPurchasesSales
Nov 202500
Dec 202501
Jan 202600
Feb 202600
Mar 202600
Apr 202600
May 202609
Jun 202600
Jul 202600
Aug 202608
Sep 202600
Oct 202600

Latest available

Insider transactions

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Purchases/sales include open-market and private transactions. Plan disclosure applies to the filing; individual rows may differ. “Not disclosed” is not “unplanned.”

The cutoff filters transaction history only. Company summaries and owner relationships show the latest available disclosures. Parser corrections can improve historical records.

Transaction dateOwner / reported roleActivity / securityShares / unitsReported priceReported valueDetails
April 01, 2021 Filed Apr 1, 2021 18:06 UTC
Stevenson Tami E.SVP-GC & Corp Secy
Tax withholdingClass A Common Stock 975 $10.66 $10,393.50
Disclosure

SEC source: 0001062993-21-003235 · form4.xml · nonDerivative · entry 1

Stevenson Tami E. · CIK 0001814310 · SVP-GC & Corp Secy

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 6,010

Read SEC document
March 17, 2021 Filed Mar 19, 2021 14:37 UTC PurchaseClass B Common Stock 500 $9.45 $4,725.00
Disclosure

SEC source: 0001062993-21-002843 · form4.xml · nonDerivative · entry 1

Agadi Harshavardhan V · CIK 0001498132 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · GHS Defined Benefit Plan

Disclosed balance after: 53,255

Read SEC document
March 16, 2021 Filed Mar 18, 2021 19:56 UTC PurchaseClass B Common Stock 500 $9.63 $4,815.00
Disclosure

SEC source: 0001062993-21-002825 · form4.xml · nonDerivative · entry 1

Agadi Harshavardhan V · CIK 0001498132 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 33,036

Read SEC document
March 15, 2021 Filed Mar 16, 2021 12:56 UTC PurchaseClass B Common Stock 500 $9.68 $4,840.00
Disclosure

SEC source: 0001062993-21-002735 · form4.xml · nonDerivative · entry 1

Agadi Harshavardhan V · CIK 0001498132 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 32,536

Read SEC document
March 11, 2021 Filed Mar 12, 2021 20:50 UTC PurchaseClass B Common Stock 1,000 $9.77 $9,770.00
Disclosure

SEC source: 0001062993-21-002667 · form4.xml · nonDerivative · entry 1

Agadi Harshavardhan V · CIK 0001498132 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 32,036

Read SEC document
March 10, 2021 Filed Mar 11, 2021 21:57 UTC SaleClass A Common Stock 6,000 $10.50 $63,000.00
Disclosure

SEC source: 0001062993-21-002611 · form4.xml · nonDerivative · entry 1

Agadi Harshavardhan V · CIK 0001498132 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 125,030

Read SEC document
March 09, 2021 Filed Mar 10, 2021 21:36 UTC SaleClass A Common Stock 6,000 $10.48 $62,880.00
Disclosure

SEC source: 0001062993-21-002585 · form4.xml · nonDerivative · entry 1

Agadi Harshavardhan V · CIK 0001498132 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 131,030

Read SEC document
February 15, 2021 Filed Feb 16, 2021 21:49 UTC
CRAWFORD JESSE CDirector · 10% owner
GrantClass A Common Stock 9,933 $0.00 $0.00
Disclosure

SEC source: 0001062993-21-001550 · form4.xml · nonDerivative · entry 1

CRAWFORD JESSE C · CIK 0001080459 · Director · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 5,384,557

Read SEC document
February 15, 2021 Filed Feb 16, 2021 21:13 UTC GrantClass A Common Stock 9,933 $0.00 $0.00
Disclosure

SEC source: 0001062993-21-001530 · form4.xml · nonDerivative · entry 1

Agadi Harshavardhan V · CIK 0001498132 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 137,030

Read SEC document
February 15, 2021 Filed Feb 16, 2021 21:31 UTC GrantClass A Common Stock 12,693 $0.00 $0.00
Disclosure

SEC source: 0001062993-21-001542 · form4.xml · nonDerivative · entry 1

Ogburn Charles H · CIK 0001339995 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 428,009

Read SEC document
February 15, 2021 Filed Feb 16, 2021 20:45 UTC GrantClass A Common Stock 9,933 $0.00 $0.00
Disclosure

SEC source: 0001062993-21-001511 · form4.xml · nonDerivative · entry 1

Williams Donald R. · CIK 0001487159 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 63,097

Read SEC document
February 15, 2021 Filed Feb 16, 2021 20:29 UTC
Patel RahulDirector
GrantClass A Common Stock 9,933 $0.00 $0.00
Disclosure

SEC source: 0001062993-21-001506 · form4.xml · nonDerivative · entry 1

Patel Rahul · CIK 0001712544 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 57,777

Read SEC document
February 15, 2021 Filed Feb 16, 2021 20:21 UTC GrantClass A Common Stock 9,933 $0.00 $0.00
Disclosure

SEC source: 0001062993-21-001503 · form4.xml · nonDerivative · entry 1

Jarrard Michelle · CIK 0001693850 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 33,489

Read SEC document
February 15, 2021 Filed Feb 16, 2021 20:10 UTC GrantClass A Common Stock 9,933 $0.00 $0.00
Disclosure

SEC source: 0001062993-21-001501 · form4.xml · nonDerivative · entry 1

HANNUSCH LISA G · CIK 0001775408 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 29,044

Read SEC document
February 15, 2021 Filed Feb 16, 2021 20:01 UTC GrantClass A Common Stock 9,933 $0.00 $0.00
Disclosure

SEC source: 0001062993-21-001499 · form4.xml · nonDerivative · entry 1

Crawford Jesse C JR · CIK 0001642161 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,165,758

Read SEC document
February 15, 2021 Filed Feb 16, 2021 19:52 UTC
Beale Inga KDirector
GrantClass A Common 9,933 $0.00 $0.00
Disclosure

SEC source: 0001062993-21-001496 · form4.xml · nonDerivative · entry 1

Beale Inga K · CIK 0001803480 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 19,049

Read SEC document
February 15, 2021 Filed Feb 23, 2021 20:36 UTC Amendment GrantClass A Common Stock 9,933 $0.00 $0.00
Disclosure

SEC source: 0001062993-21-001889 · form4a.xml · nonDerivative · entry 1

HANNUSCH LISA G · CIK 0001775408 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 29,060

F1 · balance_after: This Form 4/A is being filed to amend the number reported on Table 1 Column 5 to reflect 16 additional shares that the Reporting Person acquired on December 7, 2020 under a brokerage automatic dividend reinvestment plan, which has been reported on a separate Form 5 filed as of the date hereof.

Read SEC document
February 15, 2021 Filed Feb 24, 2021 21:50 UTC Amendment GrantClass A Common Stock 9,933 $0.00 $0.00
Disclosure

SEC source: 0001062993-21-001951 · form4a.xml · nonDerivative · entry 1

Crawford Jesse C JR · CIK 0001642161 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,175,604

F1 · balance_after: This Form 4/A is being filed to amend the number reported on Table 1 Column 5 to reflect 9,846 additional shares that the Reporting Person acquired on March 9, 2020 as a gift, which has been reported on a separate Form 5 filed as of the date hereof.

Read SEC document
December 17, 2020 Filed Dec 18, 2020 20:59 UTC
Rigby Kieran LExecutive Vice President
GrantClass A Common Stock 16,527 $0.00 $0.00
Disclosure

SEC source: 0001062993-20-006490 · form4.xml · nonDerivative · entry 1

Rigby Kieran L · CIK 0001706513 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 94,161

Read SEC document
December 17, 2020 Filed Dec 18, 2020 20:40 UTC
Bart Andrew JohnSenior Vice President
GrantClass A Common Stock 8,263 $0.00 $0.00
Disclosure

SEC source: 0001062993-20-006487 · form4.xml · nonDerivative · entry 1

Bart Andrew John · CIK 0001815318 · Senior Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 89,993

Read SEC document
December 17, 2020 Filed Dec 18, 2020 20:27 UTC
Verma RohitDirector · CEO
Tax withholdingClass A Common Stock 7,342 $7.81 $57,341.02
Disclosure

SEC source: 0001062993-20-006485 · form4.xml · nonDerivative · entry 2

Verma Rohit · CIK 0001712263 · Director · CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 132,456

Read SEC document
December 17, 2020 Filed Dec 18, 2020 20:27 UTC
Verma RohitDirector · CEO
GrantClass A Common Stock 24,192 $0.00 $0.00
Disclosure

SEC source: 0001062993-20-006485 · form4.xml · nonDerivative · entry 1

Verma Rohit · CIK 0001712263 · Director · CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 139,798

Read SEC document
December 17, 2020 Filed Dec 18, 2020 20:02 UTC
Thomas Larry ClimeteenExecutive Vice President
Tax withholdingClass A Common Stock 4,024 $7.81 $31,427.44
Disclosure

SEC source: 0001062993-20-006478 · form4.xml · nonDerivative · entry 2

Thomas Larry Climeteen · CIK 0001663876 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 127,148

Read SEC document
December 17, 2020 Filed Dec 18, 2020 20:02 UTC
Thomas Larry ClimeteenExecutive Vice President
GrantClass A Common Stock 16,527 $0.00 $0.00
Disclosure

SEC source: 0001062993-20-006478 · form4.xml · nonDerivative · entry 1

Thomas Larry Climeteen · CIK 0001663876 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 131,172

Read SEC document
December 17, 2020 Filed Dec 18, 2020 19:46 UTC
SWAIN WILLIAM B JRExecutive Vice President-CFO
Tax withholdingClass A Common Stock 7,494 $7.81 $58,528.14
Disclosure

SEC source: 0001062993-20-006473 · form4.xml · nonDerivative · entry 2

SWAIN WILLIAM B JR · CIK 0001245585 · Executive Vice President-CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 252,404

Read SEC document
December 17, 2020 Filed Dec 18, 2020 19:46 UTC
SWAIN WILLIAM B JRExecutive Vice President-CFO
GrantClass A Common Stock 16,527 $0.00 $0.00
Disclosure

SEC source: 0001062993-20-006473 · form4.xml · nonDerivative · entry 1

SWAIN WILLIAM B JR · CIK 0001245585 · Executive Vice President-CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 259,898

Read SEC document
December 17, 2020 Filed Dec 18, 2020 19:26 UTC
Stevenson Tami E.SVP-Gen Coun & Corp Secy
Tax withholdingClass A Common Stock 525 $7.81 $4,100.25
Disclosure

SEC source: 0001062993-20-006469 · form4.xml · nonDerivative · entry 2

Stevenson Tami E. · CIK 0001814310 · SVP-Gen Coun & Corp Secy

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 13,771

Read SEC document
December 17, 2020 Filed Dec 18, 2020 19:26 UTC
Stevenson Tami E.SVP-Gen Coun & Corp Secy
GrantClass A Common Stock 1,733 $0.00 $0.00
Disclosure

SEC source: 0001062993-20-006469 · form4.xml · nonDerivative · entry 1

Stevenson Tami E. · CIK 0001814310 · SVP-Gen Coun & Corp Secy

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 14,296

Read SEC document
December 17, 2020 Filed Dec 18, 2020 19:11 UTC
Sawdey Bonnie CeciliaSenior Vice President
Tax withholdingClass A Common Stock 3,009 $7.81 $23,500.29
Disclosure

SEC source: 0001062993-20-006463 · form4.xml · nonDerivative · entry 2

Sawdey Bonnie Cecilia · CIK 0001663954 · Senior Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 68,633

Read SEC document
December 17, 2020 Filed Dec 18, 2020 19:11 UTC
Sawdey Bonnie CeciliaSenior Vice President
GrantClass A Common Stock 9,916 $0.00 $0.00
Disclosure

SEC source: 0001062993-20-006463 · form4.xml · nonDerivative · entry 1

Sawdey Bonnie Cecilia · CIK 0001663954 · Senior Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 71,642

Read SEC document
December 17, 2020 Filed Dec 18, 2020 18:52 UTC
Carden Dalerick MandelSr. Vice President &Controller
Tax withholdingClass A Common Stock 3,582 $7.81 $27,975.42
Disclosure

SEC source: 0001062993-20-006461 · form4.xml · nonDerivative · entry 2

Carden Dalerick Mandel · CIK 0001620627 · Sr. Vice President &Controller

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 44,967

Read SEC document
December 17, 2020 Filed Dec 18, 2020 18:52 UTC
Carden Dalerick MandelSr. Vice President &Controller
GrantClass A Common Stock 8,263 $0.00 $0.00
Disclosure

SEC source: 0001062993-20-006461 · form4.xml · nonDerivative · entry 1

Carden Dalerick Mandel · CIK 0001620627 · Sr. Vice President &Controller

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 48,549

Read SEC document
December 17, 2020 Filed Dec 18, 2020 16:06 UTC
Blanco Joseph ODirector · President
Tax withholdingClass A Common Stock 5,642 $7.81 $44,064.02
Disclosure

SEC source: 0001062993-20-006453 · form4.xml · nonDerivative · entry 2

Blanco Joseph O · CIK 0001700996 · Director · President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 132,736

Read SEC document
December 17, 2020 Filed Dec 18, 2020 16:06 UTC
Blanco Joseph ODirector · President
GrantClass A Common Stock 18,590 $0.00 $0.00
Disclosure

SEC source: 0001062993-20-006453 · form4.xml · nonDerivative · entry 1

Blanco Joseph O · CIK 0001700996 · Director · President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 138,378

Read SEC document
December 17, 2020 Filed Dec 18, 2020 15:47 UTC GrantClass A Common Stock 33,595 $0.00 $0.00
Disclosure

SEC source: 0001062993-20-006450 · form4.xml · nonDerivative · entry 1

Agadi Harshavardhan V · CIK 0001498132 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 127,097

Read SEC document
December 17, 2020 Filed Feb 8, 2021 18:50 UTC Amendment
Stevenson Tami E.SVP-GC & Corp Secy
Tax withholdingClass A Common Stock 525 $7.81 $4,100.25
Disclosure

SEC source: 0001062993-21-000992 · form4a.xml · nonDerivative · entry 2

Stevenson Tami E. · CIK 0001814310 · SVP-GC & Corp Secy

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 6,985

F1 · balance_after: Total Amount of Securities Beneficially Owned reported incorrectly on original form filed 12/18/2020.

Read SEC document
December 17, 2020 Filed Feb 8, 2021 18:50 UTC Amendment
Stevenson Tami E.SVP-GC & Corp Secy
GrantClass A Common Stock 1,733 $0.00 $0.00
Disclosure

SEC source: 0001062993-21-000992 · form4a.xml · nonDerivative · entry 1

Stevenson Tami E. · CIK 0001814310 · SVP-GC & Corp Secy

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 7,510

F1 · balance_after: Total Amount of Securities Beneficially Owned reported incorrectly on original form filed 12/18/2020.

Read SEC document
December 08, 2020 Filed Dec 9, 2020 21:44 UTC GiftClass A Common Stock 40,000 $0.00 $0.00
Disclosure

SEC source: 0001062993-20-006187 · form4.xml · nonDerivative · entry 2

Agadi Harshavardhan V · CIK 0001498132 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · GHS Charitable Foundation, Inc.

Disclosed balance after: 40,000

F2 · ownership.nature: The reporting person is a Trustee of the charitable foundation and retains beneficial ownership of these securities.

Read SEC document
December 08, 2020 Filed Dec 9, 2020 21:44 UTC GiftClass A Common Stock 40,000 $0.00 $0.00
Disclosure

SEC source: 0001062993-20-006187 · form4.xml · nonDerivative · entry 1

Agadi Harshavardhan V · CIK 0001498132 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 93,502

F1 · kind: Shares gifted to a charitable foundation.

Read SEC document
December 07, 2020 Filed Feb 23, 2021 20:06 UTC OtherClass A Common Stock 16 $7.72 $123.47
Disclosure

SEC source: 0001062993-21-001886 · form5.xml · nonDerivative · entry 1

HANNUSCH LISA G · CIK 0001775408 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 19,127

Read SEC document
November 06, 2020 Filed Nov 9, 2020 21:30 UTC GrantClass A Common Stock 3,612 $0.00 $0.00
Disclosure

SEC source: 0001062993-20-005457 · form4.xml · nonDerivative · entry 1

Ogburn Charles H · CIK 0001339995 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 415,316

Read SEC document
September 16, 2020 Filed Sep 18, 2020 17:01 UTC
CRAWFORD JESSE CDirector · 10% owner
PurchaseClass B Common Stock 1,254 $6.95 $8,712.92
Disclosure

SEC source: 0001062993-20-004565 · form4.xml · nonDerivative · entry 1

CRAWFORD JESSE C · CIK 0001080459 · Director · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,984,254

F1 · price: $6.9481 is the weighted average price for a range of purchases between $6.91 and $6.99. The reporting person undertakes to provide upon request by the Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased at each separate price.

Read SEC document
September 15, 2020 Filed Sep 16, 2020 14:25 UTC
CRAWFORD JESSE CDirector · 10% owner
PurchaseClass B Common Stock 323 $6.94 $2,241.62
Disclosure

SEC source: 0001062993-20-004509 · form4.xml · nonDerivative · entry 2

CRAWFORD JESSE C · CIK 0001080459 · Director · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,983,000

Read SEC document
September 14, 2020 Filed Sep 15, 2020 14:21 UTC PurchaseClass B Common Stock 544 $6.83 $3,715.52
Disclosure

SEC source: 0001062993-20-004492 · form4.xml · nonDerivative · entry 1

Agadi Harshavardhan V · CIK 0001498132 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · GHS Defined Benefit Plan

Disclosed balance after: 52,755

Read SEC document
September 14, 2020 Filed Sep 16, 2020 14:25 UTC
CRAWFORD JESSE CDirector · 10% owner
PurchaseClass B Common Stock 921 $6.95 $6,404.27
Disclosure

SEC source: 0001062993-20-004509 · form4.xml · nonDerivative · entry 1

CRAWFORD JESSE C · CIK 0001080459 · Director · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,982,677

F1 · price: $6.9536 is the weighted average price for a range of purchases between $6.86 and $6.99. The reporting person undertakes to provide upon request by the Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased at each separate price.

Read SEC document
September 11, 2020 Filed Sep 14, 2020 17:18 UTC PurchaseClass B Common Stock 113 $6.90 $779.70
Disclosure

SEC source: 0001062993-20-004482 · form4.xml · nonDerivative · entry 2

Agadi Harshavardhan V · CIK 0001498132 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · GHS Defined Benefit Plan

Disclosed balance after: 52,211

Read SEC document
September 10, 2020 Filed Sep 14, 2020 17:18 UTC PurchaseClass B Common Stock 1,101 $6.87 $7,563.87
Disclosure

SEC source: 0001062993-20-004482 · form4.xml · nonDerivative · entry 1

Agadi Harshavardhan V · CIK 0001498132 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · GHS Defined Benefit Plan

Disclosed balance after: 52,098

Read SEC document
September 10, 2020 Filed Sep 15, 2020 21:37 UTC PurchaseClass A Common Stock 2,500 $7.00 $17,500.00
Disclosure

SEC source: 0001062993-20-004501 · form4.xml · nonDerivative · entry 1

HANNUSCH LISA G · CIK 0001775408 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 19,111

Read SEC document
September 09, 2020 Filed Sep 10, 2020 17:52 UTC
Verma RohitDirector · Chief Executive Officer
PurchaseClass B Common Stock 577 $6.95 $4,010.15
Disclosure

SEC source: 0001062993-20-004436 · form4.xml · nonDerivative · entry 2

Verma Rohit · CIK 0001712263 · Director · Chief Executive Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,000

Read SEC document
September 09, 2020 Filed Sep 11, 2020 19:13 UTC
CRAWFORD JESSE CDirector · 10% owner
PurchaseClass A Common Stock 3,567 $7.30 $26,039.10
Disclosure

SEC source: 0001062993-20-004463 · form4.xml · nonDerivative · entry 2

CRAWFORD JESSE C · CIK 0001080459 · Director · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · Family Trust

Disclosed balance after: 54,684

Read SEC document

Value uses the disclosed total when available, otherwise shares × reported transaction price. It is not an estimate of exercise cash cost or investment performance.